News & Press Releases
Hot Topic Grand Opening
April 6, 2006 (New Philadelphia, Ohio) -- New Towne Mall announced today that Hot Topic will grand open its New Philadelphia location on Wednesday, April 12th at 10:00 a.m. The event will be commenced by a ribbon cutting ceremony hosted by the Tuscarawas County Chamber of Commerce. The public is invited to attend.
Hot Topic is completing construction on its new store at New Towne Mall located next to Pacific Sunwear just off the food court. The new store will be 1463 square feet and will employ one full-time manager, three part-time managers and eight part-time sales staff members.
Hot Topic is one of the fastest-growing mall-based specialty retailers, with over 592 Hot Topic stores, 76 Torrid stores. The store offers music-licensed and influenced apparel, accessories, and gift items. Hot Topic stores consistently produce record-breaking sales, earnings per share, and net income. Fortune Magazine ranks Hot Topic 55th among the "100 Best Companies to Work For" and 20th on their list of "Best Mid-Sized Companies to Work For."
In addition, Kay Jewelers is under construction at New Towne Mall on a new 1587 square foot store located near the food court in the former locations of Claire´s Boutique and Auntie Anne´s Pretzels.
Kay Jewelers is owned by Sterling Jewelers, Inc., an Akron, Ohio-based company. With over 750 locations nationwide, Kay Jewelers is a leader among its peers. Kay Jewelers offers a quality assurance guarantee that begins with its process of hand selecting diamonds. Expertly trained sales associates help customers understand the characteristic differences between purchasing one diamond over another. Additionally, a gemological microscope allows consumers to view those differences first-hand.
"We are so thrilled to announce these additions to New Towne Mall," said Greg Fleser, general manager of New Towne Mall. "Hot Topic has been one of the most requested stores for New Towne over the past few years and we are pleased that our customers´ requests have finally come to fruition. Kay Jewelers is a leader in their field and we are equally happy to see them come into our market and give our customers another option for their jewelry purchases in Tuscarawas County."
About the Company
Glimcher Realty Trust, a real estate investment trust, is a recognized leader in the ownership, management, acquisition and development of regional and super-regional malls.
Glimcher Realty Trust´s common shares are listed on the New York Stock Exchange under the symbol "GRT." Glimcher Realty Trust´s Series F and Series G preferred shares are listed on the New York Stock Exchange under the symbols "GRT.F" and "GRT.G," respectively. Glimcher Realty Trust is a component of the Russell 2000 Index, representing small cap stocks, and the Russell 3000 Index, representing the broader market.
Visit Glimcher at: www.glimcher.com
Visit New Towne Mall at: www.newtownemall.com
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Contact:
Kristie Holmes
New Towne Mall
330.339.8701
kholmes@glimcher.com
